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[size=36]Oil may fall to $ 30[/size]
Economy | 02:15 - 10/06/2019
Follow - up - the balance of News
Alexander Novak , Russian energy minister said on Monday he could not rule out the perception of falling oil prices to $ 30 a barrel , if it is not the extension of the global oil agreement.
Novak said there was a high risk of oversupply in the market and that Moscow needed to monitor the oil market further so that a balanced decision could be made in July.
Saudi Energy Minister Khalid LaFaleh, who is in Moscow for talks with his Russian counterpart, said steps were being taken to prevent a sharp fall in oil prices.
Alexander Novak , Russian energy minister said on Monday he could not rule out the perception of falling oil prices to $ 30 a barrel , if it is not the extension of the global oil agreement.
Novak said there was a high risk of oversupply in the market and that Moscow needed to monitor the oil market further so that a balanced decision could be made in July.
Saudi Energy Minister Khalid LaFaleh, who is in Moscow for talks with his Russian counterpart, said steps were being taken to prevent a sharp fall in oil prices.
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